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GST REIMBURSEMENT SCHEME
Karnataka invites fresh applications under startup grant programKarnataka's IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year...- Top private hospitals may drop out of government health plansPrivate hospitals in India are feeling the pinch as government health schemes yield diminishing returns. This downturn provokes a critical ...
- GST Council to discuss industry demand of full CGST, 50 pc IGST refund in 11 hill statesStates are showing reluctance to reimburse their portion of the Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax...
- Complete GST Chain To Boost ExportsA more efficient way is to bring all indirect taxes under GST. It will enable exporters who have paid embedded taxes in the value chain end...
- LTC Cash Voucher Scheme: 42 queries answered by governmentThe government has announced the LTC Cash Voucher Scheme in lieu of LTC travel scheme via a press conference dated October 12, 2020. As the...
- Employees can buy goods in family member's name under LTC scheme: Finance MinistryGovernment on October 12 announced the LTC cash voucher scheme under which employees can purchase any goods or services with a GST rate of ...
- Assam dolls up sops, announces reimbursement in tax to eligible industrial units in the GST RegimeAssam finance minister, Himanta Biswa Sarma said that global investor summit which will be inaugurated by Prime minister, Narendra Modi on ...
- GST hits excise-free zones; pharma, FMCG companies worriedCompanies that outsource manufacturing to job workers in these states have petitioned the government saying the new restrictions may render...
- Industrial units in hills to get budgetary support: Suresh Prabhu"A new scheme of budgetary support under GST regime to the units located in states of Jammu and Kashmir, Uttarakhand, Himachal Pradesh, Nor...
- GST reimbursement scheme on fast track, says governmentThe number of product-wise exceptions has been pruned under the new indirect tax framework, but area-based incentives will be exempt.
- Commerce dept seeks clarity on duty remission schemesThe commerce department has initiated discussion with the finance ministry on the fate of the various input duty remission schemes for expo...
- DEPB likely to be extended beyond Dec 31The popular tax incentive to exporters, duty reimbursement on imported inputs going into exports, is likely to be extended beyond the end o...
- Zero-rating to ensure exporters go tax-freeThe longstanding demand of exporters for an exemption from payment of all input taxes may finally be met once the new GST regime is impleme...
- States may be asked to help find DEPB replacementThe Centre plans to devise an alternative scheme to reimburse input taxes paid by exporters in discussion with states.
- DEPB may be extended till MarchThe government plans to extend its controversial but popular import duty reimbursement scheme—the DEPB scheme—till the end of the financial...
- Exporters still long way from tax refundsThe government is still unclear on handling exporters’ long-standing demand of getting a reimbursement of state-level taxes—levies which ac...
- Export incentives under DEPB scheme extendedIn a last minute decision, the government, on Monday, extended the duty entitlement pass book scheme - the popular import duty reimbursemen...
- DEPB may stay as MoF refuses to reimburse statesDuty entitlement pass book (DEPB) scheme-the popular duty reimbursement scheme for exporters-may not be replaced with the duty drawback sch...
- No move to refund state levies to exportersExporters looking forward to reimbursement of state-level taxes by the Centre are in for disappointment.
- Nath gives up on experts, to script DEPB sequelUnhappy with the various expert committees failing to find an alternative to the duty entitlement passbook (DEPB) scheme - the popular duty...
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